Polygon: What is and How Does Cryptocurrency Work, Predictions for the Future
Learn about Polygon. The ever-increasing introduction of cryptocurrencies in the digital market is enhancing the value of new projects like Polygon (MATIC). A cryptocurrency launched in the second half of 2019, it is currently generating a lot of hype among users. Below we will try to understand what it is, how it works, the weaknesses and strengths of this cryptocurrency that aims to speed up digital transactions. What is Polygon (MATIC) Technically, Polygon (MATIC) is nothing more than a decentralized P2P cryptocurrency, based on an open source system that puts security, privacy and speed at the forefront. Thanks to the advanced cryptographic system, it is possible to enable transaction conversions between two parties excluding an additional intermediary. Polygon is proposed as a new and innovative blockchain and cryptocurrency technology capable of improving the flaws present in traditional cryptocurrencies, such as security, speed and privacy of transactions precisely. History a...